Known Issue 396
For specific exposure scenarios NetOfPreCat losses in the ByEvent table can be incorrect.
Issue ID | 396 |
Summary | For specific exposure scenarios NetOfPreCat losses in the ByEvent table can be incorrect. |
Description | If the following two conditions are met: (1) the exposure has contracts with layers and contracts without layers, and (2) an attached surplus share reinsurance program has a treaty with the same name as a facultative entry with target type 'LOC'. Then the byEvent table will be missing NT losses for contracts without layers. NT losses can also be incorrect, if layer peril code and location peril codes do not intersect, and a reinsurance program is attached at Layer or at Contract. This is only present for single peril models. |
Resolved in | Touchstone 2024 (12.0) |
Date posted | 5/7/2024 |
Software versions affected | 11.5, 11.2, 11.0 |
Feature set | Detailed loss |
Models | |
Potential for loss numbers impact | Yes |
Workaround | For the first case, rename the FAC entries. No workaround for the second case. |